TDUP News and Press, ThredUp Inc. From 06/13/22

Akre Capital Management’s 13F portfolio value decreased from $17.92B to $14.67B this quarter. They decreased Dollar Tree and Alarm.com Holdings during the quarter. The top three positions are Mastercard, Moody’s, and American Tower, and they add up to ~41% of the ent...

A key question for investors eyeing the eCommerce space is one of whether the pain in the sector is finally coming to a close. After significant declines through the first half of 2022, many of those already invested in the space will certainly hope so. For example, high-multiple internet ret...

ThredUp (NASDAQ:TDUP +7.9%) soared in Wednesday trading in a move being attributed by an appearance by the retailer's execs at a William Blair conference. William Blair reiterated an outperform rating on TDUP after pointing to "sustainable" strong top-line dynamics with room for upside. A hig...

Gainers: Fanhua (FANH) +7%. Ocular Therapeutix (OCUL) +5%. ThredUp  (TDUP) +5%. Cara Therapeutics (CARA) +3%. LegalZoom.com (LZ) +3%. Losers: Eton Pharmaceuticals (ETON) -21%. Allakos (ALLK) -7%. Accolade (ACCD) -5%. Sono Group  (SEV) -5%. FTC Solar (FTCI) -4%. For furth...

The mall sector is sliding after a soft earnings report from Abercrombie & Fitch (NYSE:ANF -30.3%) sparked another round of selling by investors. The retailer set off a wave of worry after cutting its full-year guidance for sales and margins and posted a surprise quarterly loss as costs s...

Tractor Supply Company (NASDAQ:TSCO -9.5%), Ulta Beauty (ULTA -7.6%), Williams-Sonoma (WSM -12.9%), ThredUp (TDUP -7.8%), AutoNation (AN -6.5%), Purple Innovation (PRPL -8.4%), Academy Sports and Outdoors (ASO -11.5%), Wayfair (W -6.8%), Lululemon (LULU -7.2%), and Etsy (ETSY -6.3%) are just ...

ThredUP (NASDAQ:TDUP) released the results of the 2022 Resale Report conducted by third-party retail analytics firm GlobalData. The study forecast that the U.S. secondhand market is expected to more than double by 2026 to reaching $82 billion. The global secondhand apparel market is seen...

thredUP Releases 10th Annual Resale Report with Insights on a Decade of Resale PR Newswire - The 2022 Resale Report estimates that the U.S. secondhand market is projected to double by 2026, reaching $82 billion - A one-time special section exploring inflati...

The following slide deck was published by ThredUp Inc. in conjunction with their 2022 Q1 earnings call. For further details see: ThredUp Inc. 2022 Q1 - Results - Earnings Call Presentation

ThredUp went public in March 2021, raising approximately $168 million in gross proceeds in a U.S. IPO. The firm operates online marketplaces for secondhand clothing and accessories. TDUP continues to grow topline revenue but hasn't demonstrated a credible path to operating breakev...